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mobile payments News

Google Pay adds support for prepaid transit cards

Google has announced that users of its recently launched Google Pay mobile wallet service can now store prepaid transit tickets in the app. The feature is initially compatible with the Las Vegas Monorail network but Google plans to expand it over time.

Android Pay and Google Wallet get unified as 'Google Pay'

Google's announced a revamp of its mobile payment services which unifies its apps under a single roof. It's merging Android Pay and Google Wallet together to create the new Google Pay platform, which includes a redesigned app that's launching today.

Interview: Partnerships key to fintech trust building Special

Collaborative partnerships are becoming a "cornerstone" of fintech, Matthias Setzer of PayU told Digital Journal. Financial providers and tech firms are partnering to address trust concerns, avoiding a "culture clash" which could derail the industry.

Fintech startup Curve launches its connected card app

UK-based fintech startup Curve has announced its innovative credit card app is now available to consumers. The company has developed a platform that lets you link all your card accounts to its app. You can then use any of them to pay with one card.

Older banking users turn away from fintech due to lack of trust

The growing numbers of fintech services offering mobile and cloud-based payments are failing to convert older users. One study from Canada found Generation X-ers are over twice as likely to try a digital payments solution as baby boomers.

Mexico passes bill to regulate cryptocurrencies and fintech firms

The Mexican Senate has approved a bill to regulate the use of fintech in the country as demand rapidly grows. Mexico is becoming a centre of fintech attention, a trend which the government is concerned could threaten financial stability.

Walmart Pay may soon surpass Apple Pay in mobile payments

According to researcher Crone Consulting, Walmart Pay is now close to surpassing Apple Pay. By the end of 2018, Walmart Pay is expected to have more users who make at least two transactions a month than Apple Pay.

Mobile payments company Square introduces Square Register

San Francisco - The mobile payments company Square has introduced a new checkout device that looks like a tablet but runs only Square's checkout software.

New mobile app puts you in touch with legal help Special

Toronto - Toronto, Ontario Canada-based DAABA is a digital platform and mobile app available in Canada and the US. that connects people who cannot afford a lawyer with Legal Service Providers (LSP).

Google announces new 'pay with Google' option

Mountain View - Google announced that it will be launching a new way to pay for purchases on mobile devices, the "pay with Google" option. You will be able to use any card you have on file.

Varo Money comes with new product features

Varo Money, Inc., has announced an extension to its digital banking app. The extension is called Varo Forecast. The tool is aimed at helping responsible millennials to manage their money effectively.

Banks 'two APIs away' from losing customers to mobile apps

Consumers are increasingly interested in mobile payments technology and are attracted to the idea of a centralised digital wallet. A new study by Accenture found smartphone users are "desperate" for a modern approach to banking that works around them.

U.S. must embrace mobile payments: Interview with an innovator Special

Last year the number of mobile payments processed in China was 50 times greater than the number processed in the U.S. To change this, the company Omnyway wants to disrupt the payments status quo. We spoke with the company's CMO to find out more.

Google's new 'Tez' payments app uses ultrasound to send money

As previously rumoured, Google has announced a new mobile payments service aimed specifically at Indian consumers. The app is designed to replace cash and includes support for instantaneous transactions. They can be sent using ultrasound signals.

Reports: Google preparing 'Tez' mobile payments service for India

Google's planning to launch a new mobile payments service in India, according to local reports. The platform could arrive as early as next week and will include more options than Google Wallet and Android Pay, the company's current payment solutions.

Digital payments now more popular than cash

Digital payments are now popular than cash as app-based methods become more widely supported. Every major mobile operating system now comes with a built-in payment provider. Adoption amongst banks and retailers is also on the rise.

Small businesses adopting mobile payment technology

Mobile payment technology steps away from cash or credit card payments, and offers time and cost savings for small businesses. Mobile Payments Today reports that in the U.S. a quarter of the population use mobile payments above nay other payment method.

Mastercard's new credit card comes with a fingerprint sensor

Mastercard has announced what it's describing as a "new generation" of credit cards. The company has included biometric technology that adds a fingerprint to the card for additional security. It's used when verifying payments and replaces the PIN code.

Google teams up with PayPal to make Android Pay more useful

Google has announced a new partnership with PayPal that will see the popular online payments service integrated into Android Pay. Mobile payment users will be able to complete in-store transactions using their PayPal account, adding a new way to pay.

Mobile wallet use to rise during the upcoming holiday season

Mobile payments have been around for some time, but in the United States, they're expected to triple in 2016 to over $27 billion in mobile payment transactions, according to eMarketer.

Samsung Pay sees almost 100m transactions in its first year

Samsung Pay, the South Korean tech giant's mobile payments service, has just reached its one year anniversary. The service has proved to be popular with consumers in the US and Korea and is already very close to passing the 100 million transactions mark.

The new PayPal: No longer going it alone Special

Brooklyn - PayPal is well-known for processing payments — $600 million daily — but it has much loftier goals, according to its president and CEO Dan Schulman: it intends to become a multi-service, global financial behemoth.

'I'll pay with Google': Pay with your voice with new Google app

Google has announced a limited trial of a new mobile payments app that lets you pay for something in a store with nothing more than your voice. The system requires your phone to be present but doesn’t force you to pick it up.

Google announces plans to expand Android Pay into apps

An update to Android Pay today adds support for using the system to buy things from within apps. Google says it is the "next step" in developing Android Pay, now accepted in over 1 million locations across the U.S.

This Nebraska woman allegedly scammed Square out of $5.7 million

Omaha - Square has been doing quite well in the mobile payments business, and the company is on the edge of going public. As is expected, the company is allowing potential investors to examine the risks and uncertainties it has to contend with.

Banking with T-Mobile is in the cards

T-Mobile is hoping you will bank on their latest offering. The fourth largest provider of mobile services in the U.S. is now offering a Visa debit card with banking features.

PayPal launches mobile payment service mo.bi.pay in Asia

This week PayPal's Asia Pacific division took a leap forward in online payment system technology – one that could change the way you pay for nearly everything.

The push for mobile point-of-sale unites industry giants

The poise and promise of mobile payments continue to drive new partnerships across the vast commercial landscape of the United States.

Disaster strikes Apple at the point of sale

On Thursday, an ongoing technical glitch is costing Apple dearly at an untold number of its retail stores throughout the United States.

Point & Pay making major waves in mobile payments

If it's a name you're not yet familiar with in the fast-growing realm of mobile payments, that may change in dramatic fashion - and soon,
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mobile payments Image

Paying for items with a cellphone
Purchasing goods with a phone with the NFC chip.
Courtesy Visa Canada
Samsung Pay
Samsung Pay
Samsung
Google Hands Free lets you pay in stores with your voice  no need to pick up your phone
Google Hands Free lets you pay in stores with your voice, no need to pick up your phone
Google
Bitcoin has broken a new record with the price for the digital currency topping $1 000 for the first...
Bitcoin has broken a new record with the price for the digital currency topping $1,000 for the first time. Its value jumped, but it faces an unsteady future
With permission by Reuters
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google wallet
Untitled
Pixabay / bykst